Mixed-Use Commercial and
9830 Main Street Clarence, NY 14031
New
For Sale
$399,000
Mixed-use property with two residential units above and 1,400± SF of lower-level commercial space.
Property Size2,948 SF
Lot Size0.71 Acres
Price / SF$135.35
Days on Market4
Property Features for 9830 Main Street
General Information
- Standard status
- Active
- Size
- 2,948 SF
- Lot size
- 0.71 Acres
- Property subtype
- Multi-Unit
Listing Agency:
Buffalo Office
(716) 852-7500
Listed By:
Ethan Yellen
(716) 852-7500
Source:
Pyramidbrokerage
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 25 at 2:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buffalo Office
Investment Insights
Based on property information with market context.
This mixed-use property includes two apartment units on the top floor and approximately 1,400± SF of lower-level commercial space. The building is set on a 0.71-acre lot and offers an attached garage, an additional carport, and ample off-street parking that extends to the rear of the property.
With strong frontage on Main St and high traffic exposure, the commercial space is positioned for visibility. The property also provides easy access to Transit Rd/Sheridan Dr.
The surrounding area is densely residential, supported by a corridor where professional, retail, and service-related businesses operate, making this configuration suitable for owner-occupants seeking rental income alongside commercial use.
With strong frontage on Main St and high traffic exposure, the commercial space is positioned for visibility. The property also provides easy access to Transit Rd/Sheridan Dr.
The surrounding area is densely residential, supported by a corridor where professional, retail, and service-related businesses operate, making this configuration suitable for owner-occupants seeking rental income alongside commercial use.
Key Highlights
- Mixed‑use building with 2 residential units on the top floor and 1,400± SF of lower‑level commercial space
- 0.71‑acre lot with strong Main St. frontage and high traffic exposure
- Easy access to Transit Rd/Sheridan Dr
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.7k | $13.80 |
| − Vacancy | −$13.6k | −$4.61 |
| EGI | $27.1k | $9.19 |
| − OpEx | −$8.1k | −$2.76 |
| NOI | $19.0k | $6.43 |
2,948 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Office B
$527.7K
$461.8K – $615.7K
NOI $36,941 @ 7.0% cap · market cap 9.26%
Second Best
Multifamily LT 5
$270.8K
$236.9K – $315.9K
NOI $18,955 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$644.4K
$563.9K – $751.9K
NOI $45,111 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Mixed-use property with two residential units above and 1,400± SF of lower-level commercial space.
Where is this duplex located?
The property is located at 9830 Main Street Clarence, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Mixed‑use building with 2 residential units on the top floor and 1,400± SF of lower‑level commercial space; 0.71‑acre lot with strong Main St. frontage and high traffic exposure; Easy access to Transit Rd/Sheridan Dr
